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Gross Receipts Tax Exemption for Sales of Wind and Solar Systems to Government Entities

Eligibility 
Construction
Local Government
State Government
Federal Government
Installers/Contractors
Retail Supplier
Savings Category 
Solar Thermal Electric
Solar Photovoltaics
Wind (All)
Wind (Small)
Program Info
Sector Name 
State
Administrator 
New Mexico Taxation & Revenue Department
State 
New Mexico
Program Type 
Sales Tax Incentive
Rebate Amount 

100%

Summary 
New Mexico has a gross receipts tax structure for businesses instead of a sales tax. Businesses are taxed on the gross amount of their business receipts each year before expenses are deducted. Receipts associated with the sale of certain wind turbine equipment to federal, state, or local government entities are exempt from being added to gross receipts. S.B. 201, signed in March 2010, extended this exemption to solar thermal electric and photovoltaic systems sold to a government on or after July 1, 2010.